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RE: Honest Money vs. Government Money

in Economics18 days ago

You are right, that was long. I only read some of each part, sorry.

How things have changed since the day of only carrying gold or silver.

I can't imagine having to carry enough of these to buy things in today's world
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How much do you imagine you would need to carry? Imagine a silver quarter being equivalent to a $5 or even $10 bill, and it's far less daunting. You could buy a cart of groceries for a couple bucks.

I guess I would rather carry one piece of eight instead of a 1,000 quarters, so you are right.

Yup. The quarter is still called "two bits" sometimes in reference to being two eighths (one quarter) of a Spanish Milled Dollar. They literally used to cut silver coins into halves, quarters, and eighths to make change.

Yes, they did, IDK but it looks like some of my smaller ones were cut.

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